Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Shaq To Cover Funeral Expenses For Late 12-Year-Old Jada West
Former NBA star Shaq, real name Shaquille O’Neal, has pledged to cover funeral expenses for 12-year-old Jayda West, whose death has shaken communities west of Atlanta. O’Neal announced Tuesday that he would pay for the final arrangements after learning about West’s case through media coverage. The gesture came days after the girl died following a confrontation near a school bus stop in Georgia. “This story touched my heart the moment I saw it in the media,” O’Neal said. “As a father, my heart
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Barack Obama Links Up With Anthony Edwards On The Court at All-Star Weekend
Former President Barack Obama proved he’s still got game after linking up with NBA star Anthony Edwards for a memorable moment on the court during All-Star Weekend. In a clip that’s quickly making rounds online, Obama and the Minnesota Timberwolves guard shared a lighthearted but competitive exchange while shooting around. Known for his love of basketball, Obama looked comfortable as ever on the court, while Edwards brought his signature energy—and a little bit of trash talk—to the matchup. Pr
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Kiki Shepard ‘Showtime At The Apollo’ Host Passes At The Age Of 74
Kiki Shepard, actor and longtime host of Showtime at the Apollo, has died at age 74. According to her rep, Shepard (born Chiquita Renee Shepard) passed away on Monday (March 16) after reportedly suffering a massive heart attack, per an exclusive TMZ report. Shepard was best known as the co-host of the syndicated variety show Showtime at the Apollo between 1987 to 2002, sharing the stage with Steve Harvey for seven years and helping to introduce aspiring performers at the Harlem theatre. In re
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Teyana Taylor Reacts To The Academy’s Apology For Security Scuffle At the Oscars
Teyana Taylor appears to be moving past her altercation with security staff at this year’s Academy Awards. The multi-hypenate spoke with TMZ later that night, noting that while she was upset in the moment, the situation was “all good.” Recently, the Academy issued a public apology to Taylor over the incident. A portion of the apology was shared in a post by Variety via X on Monday (Mar.16). A few hours later, Taylor reshared the post, writing, “Thank you to @TheAcademy, I really appreciate your
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